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Savoeun
Mrs. Savoeun P. and her husband, Keam Sokha, have been married since 1969. They have eight children; two sons and six daughters. All of them are married. Two of the married children are living in the family home. Their house is in a Phnom Penh suburb.


She and her husband have been in the business of renting houses to local workers since 2000. Mrs. P. is requesting her first loan in the amount of $500. She will use this money to purchase a motorbike for her sons to start a motor taxi business.

Additional Information

About MAXIMA

MAXIMA Mikroheranhvatho is a Cambodian microfinance institution founded in 2000 to help low-income rural and urban people and small- to medium-sized businesses (SMEs) access financial services. Sustainable access to credit helps to create jobs and enables business owners improve their living conditions, educate their children, provide health care to their families, and more. It also enables the rural poor to remain at home with their families, rather than moving to city centers in search of employment.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Cambodia

  • $2,600
    Average annual income
  • 124
    View loans »
    Cambodia Loans Fundraising
  • $35,070,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Savoeun to purchase a motorbike.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 11, 2008
Listed
Feb 25, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2009